DYNAMIC PHARMA: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DYNAMIC PHARMA
Largest movements
- Receivables within one year -€155,502
down €155,502 (-46.4%), from €335,338 to €179,836
of which Other amounts receivable: -€142,256
- Tangible fixed assets -€64,204
down €64,204 (-6.6%), from €979,263 to €915,058
of which Land and buildings: -€60,524
- Stocks and contracts +€17,136
up €17,136 (+6.5%), from €264,787 to €281,923
- Debts after one year -€73,152
down €73,152 (-6.6%), from €1.1m to €1.0m
of which Financial debts: -€68,152
- Trade debts -€72,482
down €72,482 (-27.5%), from €263,991 to €191,509
- Current portion of long-term debt -€53,384
down €53,384 (-43.9%), from €121,536 to €68,152
- Other debts -€48,042
down €48,042 (-46.1%), from €104,188 to €56,146
- Profit (loss) carried forward +€45,384
up €45,384 (+28.3%), from -€160,455 to -€115,071
- Staff costs -€95,659
down €95,659 (-13.7%), from €695,746 to €600,087
- Gross operating margin -€50,645
down €50,645 (-6.2%), from €811,566 to €760,921
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,633,155 | €1,425,079 | -€208,076 | -12.7% |
| Fixed assets | 21/28 | €983,061 | €918,899 | -€64,162 | -6.5% |
| Intangible fixed assets | 21 | €26 | €0 | -€26 | -100.0% |
| Tangible fixed assets | 22/27 | €979,263 | €915,058 | -€64,204 | -6.6% |
| Land and buildings | 22 | €931,777 | €871,252 | -€60,524 | -6.5% |
| Plant, machinery and equipment | 23 | €44,202 | €38,565 | -€5,637 | -12.8% |
| Furniture and vehicles | 24 | €3,284 | €5,242 | +€1,957 | +59.6% |
| Financial fixed assets | 28 | €3,772 | €3,841 | +€69 | +1.8% |
| Current assets | 29/58 | €650,095 | €506,180 | -€143,915 | -22.1% |
| Stocks and contracts in progress | 3 | €264,787 | €281,923 | +€17,136 | +6.5% |
| Stocks | 30/36 | €264,787 | €281,923 | +€17,136 | +6.5% |
| Amounts receivable within one year | 40/41 | €335,338 | €179,836 | -€155,502 | -46.4% |
| Trade receivables | 40 | €150,269 | €137,023 | -€13,246 | -8.8% |
| Other amounts receivable | 41 | €185,068 | €42,812 | -€142,256 | -76.9% |
| Cash at bank and in hand | 54/58 | €35,031 | €29,994 | -€5,036 | -14.4% |
| Deferred charges and accrued income | 490/1 | €14,939 | €14,427 | -€512 | -3.4% |
| Total equity and liabilities | 10/49 | €1,633,155 | €1,425,079 | -€208,076 | -12.7% |
| Equity | 10/15 | -€88,955 | -€43,571 | +€45,384 | +51.0% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €6,500 | €6,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€160,455 | -€115,071 | +€45,384 | +28.3% |
| Amounts payable | 17/49 | €1,722,110 | €1,468,650 | -€253,460 | -14.7% |
| Amounts payable after more than one year | 17 | €1,105,452 | €1,032,300 | -€73,152 | -6.6% |
| Financial debts | 170/4 | €155,219 | €87,066 | -€68,152 | -43.9% |
| Other amounts payable | 178/9 | €950,234 | €945,234 | -€5,000 | -0.5% |
| Amounts payable within one year | 42/48 | €590,212 | €405,777 | -€184,435 | -31.2% |
| Current portion of amounts payable after more than one year | 42 | €121,536 | €68,152 | -€53,384 | -43.9% |
| Financial debts | 43 | €15,490 | €15,692 | +€202 | +1.3% |
| Credit institutions | 430/8 | €15,490 | €15,692 | +€202 | +1.3% |
| Trade debts | 44 | €263,991 | €191,509 | -€72,482 | -27.5% |
| Suppliers | 440/4 | €263,991 | €191,509 | -€72,482 | -27.5% |
| Taxes, remuneration and social security | 45 | €85,007 | €74,278 | -€10,730 | -12.6% |
| Taxes | 450/3 | €11,965 | €8,754 | -€3,211 | -26.8% |
| Remuneration and social security | 454/9 | €73,042 | €65,523 | -€7,518 | -10.3% |
| Other amounts payable | 47/48 | €104,188 | €56,146 | -€48,042 | -46.1% |
| Accrued charges and deferred income | 492/3 | €26,445 | €30,573 | +€4,127 | +15.6% |
| Remuneration, social security and pensions | 62 | €695,746 | €600,087 | -€95,659 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,836 | €81,098 | -€2,738 | -3.3% |
| Other operating charges | 640/8 | €11,628 | €10,642 | -€986 | -8.5% |
| Gross operating margin | 9900 | €811,566 | €760,921 | -€50,645 | -6.2% |
| Operating profit (loss) | 9901 | €20,356 | €69,094 | +€48,738 | +239.4% |
| Financial income | 75/76B | €412 | €0 | -€412 | -100.0% |
| Recurring financial income | 75 | €412 | €0 | -€412 | -100.0% |
| Financial charges | 65/66B | €25,169 | €23,441 | -€1,728 | -6.9% |
| Recurring financial charges | 65 | €25,169 | €23,441 | -€1,728 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,401 | €45,654 | +€50,055 | |
| Income taxes | 67/77 | €733 | €270 | -€463 | -63.2% |
| Profit (loss) for the period | 9904 | -€5,134 | €45,384 | +€50,518 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,134 | €45,384 | +€50,518 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.